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Fly News Breaks for December 4, 2017
USCR
Dec 4, 2017 | 06:23 EDT
DA Davidson analyst Brent Thielman raised his price target on U.S. Concrete, citing expectations of a volume ramp in 2018 and the prospects of the company's recent Polaris transaction which offers about 50% of concrete aggregates market share in San Francisco area. Thielman notes that earnings will grow another 32%-41% over the next two years, keeping his Buy rating on U.S. Concrete.
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